This is a depreciation recapture. However, if taxpayer instead sells the property for $1200, because his recomputed basis is $600, $400 of the gain is taxed as ordinary income and $200 is taxed at the more favorable capital gains tax rate.
The tuition charge is $10,088 while room and board is $8,270, books and supplies are $1,130 and other fees come in at $1,929. Residents of Virginia pay an annual total price of $21,417 to attend Virginia Tech on a full time basis.
undergraduate tuition texas tech university tuition is $ 5110 per year for in state residents this is 21 % cheaper than the national average public four year tuition of $ 6429 the cost is $ 9450 and 65 % cheaper than the average texas tuition of $ 14560 for 4 year colleges